Sentences with phrase «on lines of credit»

As an industry, the average percent that REITs had drawn on those lines of credit as of June 30th was 22 percent compared to 14 percent at the end of 2013, according to Fitch.

Also, REM reports that banks are clamping down on lines of credit for those in the real estate industry as the soft market continues

The higher draws on lines of credit are likely due to the fact that equity markets are essentially closed to a big number of REITs given that they are trading at discounts to their net asset values (NAV).

Moreover, most of the large U.S. REITs are not heavily indebted, meaning the likelihood of them defaulting on lines of credit remains a remote possibility unless things go seriously haywire.

Law firms should make a practice of being totally paid up on all their lines of credit for 30 consecutive days each year.

Lenders were afraid that borrowers would default or foreclose on these lines of credit putting the lender in high risk positions.

The fact that the interest rates on lines of credit are reasonably low, the interest burden is not much on the borrowers.

The interest rates on lines of credit are considerably low when you compared it to credit cards and personal loans.

Interest on lines of credit is tax deductible.

The rates on lines of credit are also often variable, so a lender can raise them after money's been borrowed.

A low credit score can make it difficult to get credit going forward, or force you to pay higher interest rates on lines of credit.

As such, your FICO credit score will be lower and creditors will reference that when determining interest rates on lines of credit.

The second section comprises the bulk of most reports and includes detailed information on lines of credit, also called trade lines.

And keep an eye on your level of credit card debt or debt you carry on lines of credit as high numbers will hurt your chances.

June, 2012: Another round of rule changes introduced a stress test reducing the maximum amortization period down to 25 years for high - ratio insured mortgages; a maximum debt load of 44 per cent of income on all mortgages regardless of loan to value; a new maximum loan to value of 80 per cent for refinances; limiting government - backed insured high - ratio mortgages to homes valued at less than $ 1 - million and and creating a maximum 65 % loan to value on lines of credit unless combined with a mortgage component.

You borrow and spend responsibly, make payments on time, and keep balances low on lines of credit.

APRs start in the single digits on term loans and 13.99 % on lines of credit at OnDeck.

Consumers with higher credit scores are typically offered lower interest rates on lines of credit such as credit cards, car loans, and mortgages.

APRs at Currency are also similar to those provided by traditional lenders, with APRs as low as 4.99 % on long - term loans and 3 % on lines of credit.

APRs on lines of credit can range from 3 % to 80 % or more.

Next, keep your balance on credit cards below 35 % of your limit, and maintain your balance on lines of credit below 50 % of the maximum.

OnDeck, for instance, requires borrowers make either daily or weekly payments on loans and weekly payments on lines of credit.

At OnDeck, you can only get terms from three months to three years on loans and six months on lines of credit.

Terms are three months to three years on loans and six months on lines of credit.

APRs start in the single digits on term loans and 13.99 % on lines of credit at OnDeck.

OnDeck, for instance, requires borrowers make either daily or weekly payments on loans and weekly payments on lines of credit.

Current liabilities include notes payable on lines of credit or other short - term loans, current maturities of long - term debt, accounts payable to trade creditors, accrued expenses and taxes (an accrual is an expense such as the payroll that is due to employees for hours worked but has not been paid), and amounts due to stockholders.

With a $ 320,000 mortgage on their $ 450,000 house in St. Albert, Alta., and $ 4,000 on a line of credit, their debt is reasonable.

By the spring of 2012, RBC, to whom she owed more than $ 30,000 on a line of credit, was garnisheeing her wages, and other creditors were telling her they wouldn't deal with Cambridge.

Should you need the money, you simply withdraw on the line of credit as if it were cash in your bank.

And then the second question for Sabrina, on the line of credit, and your appetite for buying the stock back here, is there a minimum cash balance or just kind of viewpoint as we look into next year, what your appetite could look like to be buying back stock at the pace you have the last couple of years?

A secured line of credit is a line in which the borrower puts up collateral as a security deposit on the line of credit.

At OnDeck the average term on a line of credit is 12 months — which is simple and straightforward for borrowers with good credit practices.

Through this lender, you can borrow up to $ 500,000 on a term loan and up to $ 100,000 on a line of credit.

BlueVine also requires weekly repayment on its line of credit, which some borrowers might find disruptive to their business» cash flow.

BlueVine, in contrast, only offers 6 - month terms on its line of credit product.

You may ask your family for a loan or draw on your line of credit.

Unlike OnDeck, Kabbage requires monthly repayment on its line of credit.

Instead of giving you a lump sum up - front, a HELOC lets you get cash on a line of credit secured by your home's equity when you need it — great for ongoing or unpredictable expenses.

We may only draw on the line of credit to cover district - wide expenses (such as payroll) when we have not received the revenue from the state or other sources to cover these expenses.

HELOCs generally have a variable interest rate, rather than a fixed interest rate, and the initial interest rate on the line of credit is oftentimes lower than the fixed rate charged on a home equity loan.

If you elect our premium overdraft service, you will not be charged an NSF or overdraft fee unless payment of the item would cause you to exceed your credit limit on your line of credit and / or the amount in your savings account.

Like a credit card, you'll be able to borrow money against your line as often as needed as long as you don't exceed the limit on the line of credit you've been granted.

It gives me: — unlimited free cheques — unlimited interac — free overdraft protection (if you actually carry a balance on your line of credit you just pay the interest)-- free atm transactions at any of the banks atms I've been doing this for years and it works great.

Only the borrower (s) on the line of credit is / are liable for paying any line of credit balance.

«I'll pay down my debt,» says Rennalls, who owes $ 3,400 on a line of credit and $ 22,244 in mortgage debt.

Tithing 10 % and then putting $ 500 a month on your line of credit is hypocritical.

«If you pay bills in cash or rely on a line of credit or loan, like a small business owner often does, then you'll have a terrible credit score even if you always pay your bills on time,» explains Michael Brattman, vice-president of personal insurance at Erb Insurance Brokers.

The $ 500 a month sure simply pays the interest on the line of credit for the $ 115k.

While they weren't able to waive his monthly bank fee, they did lower the rate on his line of credit and waived the annual fee on his brokerage account.